a) Prepare journal entries to record the following transactions related to long -term bonds of Ayayai Co. On april 1, 2019, Ayayai issued 2,600000, 9% bonds for $2,796903 including accrued interest. Interest is payable annually on January 1, and the bonds mature on January 1, 2029. b) On July 1,2021 Ayayai retired $780000 of the bonds at 102 plus accrued interest. Ayayai uses straight-line amortization. Prepare journal entries to record interest and premium on bonds and to record entry for retirement of bonds